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Titan Motorcycle Reports on Sales for 2Q and First Half of 1998

6 August 1998

Titan Motorcycle Reports Profitability on Record Sales for 2Q and First Half of 1998

    PHOENIX, Aug. 6 -- Frank Keery, president and chief executive
of Titan Motorcycle Co. of America (OTC Bulletin Board: TMOT), today reported
results for the second quarter and first half of 1998.
    For the second quarter ended July 4, 1998, the company posted net income
of $268,000 or $0.016 per share on record revenue of $7.5 million (up 100
percent) compared to a net loss of $253,000 or $0.016 per share on revenue of
approximately $3.8 million for the comparable quarter of 1997.
    Net income for the first six months of 1998 was up 128 percent to $326,000
or $0.02 per share on record revenue of $12.9 million.  This compared to a net
loss of $554,000 or $0.035 per share on revenue of $5.7 million for the first
half of 1997.
    "While we are certainly encouraged by recent sales and profits, it is
equally noteworthy that behind these results Titan continues to invest in its
future development," said Frank Keery, chief executive officer.
    Founded in 1994, Titan Motorcycle Co. of America is a premier designer,
manufacturer and distributor of high-end, American-made, V-twin engine
motorcycles marketed under various Titan trademarks.  Titan's unique,
hand-built configurations, including the Gecko(TM), Roadrunner(TM),
Sidewinder(TM), Scorpion(TM), and Coyote(TM), represent the finest available
in custom-designed, volume-produced, performance motorcycles.  Manufactured at
the company's 64,000 square-foot corporate headquarters and manufacturing
facility, and available with a variety of customized options and design, Titan
large displacement motorcycles are sold through a dealership network of 58
stocking dealers in the United States and 19 international dealers.
    NOTE: This release contains forward-looking statements within the meaning
of the "safe harbor" provisions of the Private Securities Litigation Reform
Act of 1995 that involve a wide variety of risks and uncertainties, including,
without limitation, statements with respect to the Company's strategy and
prospects.  Readers and investors are cautioned that the Company's actual
results may differ materially from those described in the forward-looking
statements due to a number of factors, including, but not limited to, demand
for the Company's custom-manufactured performance motorcycles, the Company's
ability to continue to develop select markets, general economic conditions
both domestically and abroad, the conduct of business by the Company in
foreign markets and other factors that may be more fully described in
additional documents set forth by the company.